Richland Real Estate Market Showing Good Signs

Richland Real Estate 10 February 2010 by Cari McGee | 0 Comments

Here’s good news about new real estate construction in Richland. It comes from the latest weekly update:

Building permit revenues for the first month of 2010 were 55% higher than in January 2009. All construction permits totaled 110, compared to 71 in 2009.

Last month, the city issued 26 permits for single-family dwellings, the highest number and highest valuation since 2006 and approximately a 76% increase over 2009 numbers and valuation.

Despite the residential increase, the city issued no new commercial permits in January. Staff completed 66 plan reviews, the second highest total since 2003. January inspections also topped 2009 numbers.

Most of this new construction is taking place in south Richland. The new home count in north Richland, in the Horn Rapids area, is about half that of the new home count in south Richland.

Cari McGeeThank you for reading this article on the Richland Real Estate Blog. If you arrived here looking for specific real estate information, or would like to speak with a friendly, fun, and professional real estate agent, please contact Cari via her web site or call her directly at 509 – 430 – 5342 and she’ll be glad to help. Thanks again for visiting!
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